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Topic: Sold @ 135 (Read 5114 times)

legendary
Activity: 1218
Merit: 1001
April 25, 2013, 07:41:19 AM
#61
Jumped back in yet or are you waiting for $200?

Poor guy hasn't been able to:

I've played the market 3 times and won all 3...
$104 --> $235
$88  --> $100
$104 --> $135

The sell at $135 was actually good because it dropped down to $120 for a few days after that. I just never bought back in (thought it was gonna go down further), and now it's shot back up to $155.

...snip...
donator
Activity: 980
Merit: 1000
April 25, 2013, 07:32:25 AM
#60
Jumped back in yet or are you waiting for $200?
hero member
Activity: 482
Merit: 500
April 24, 2013, 12:46:31 AM
#59
Here's one for you:

"A part of all you earn is yours to keep."

If you need money (fiat) for something, fine, but always keep 10% of your coins for the future. Invest it as it were. If I had done that properly, and then cashed out at $200+, my mining profits would have been about half of my yearly income just from that 10%. Anyway, I'm holding now and thinking next major sell I'm going to do will be at $500. It might take months or even a year or more to get there, but when we do, I should be sitting on close to 100 BTC if not more. At some point in the next few years, when the price is high enough I'll cash out of 90% of my coins and pay off my house. :-D
legendary
Activity: 1722
Merit: 1004
April 23, 2013, 11:16:28 PM
#58

...

This really out weighs most benefit i could get by trading.....yeah sure I could buy and sell, but I going to miss the boat at some point is a sell, and then its going and order of magnitude on me, not comming back, and thats that.


Yup. Add to that the fact that day-traders are highly exposed to optimism bias and selective memory. Furthermore, the bitcoin market is likely a fun toy for experienced Wall St. traders who get to manipulate a thin market and fleece a bunch of 23yr olds who think they have it "figured out".

Day trading is a negative-sum game. Very similar to poker. In poker, an analysis of large online hand databases suggested that about 2/3 of players lost, and that the vast majority of the 1/3 that actually ended up ahead, only ended up very slightly ahead (ie, not even close to being worth the time). I'd love to see a survey of the 2/3 of losing players and how many of them *think* that they win....again, optimism bias and selective memory.

legendary
Activity: 2632
Merit: 1023
April 23, 2013, 10:14:57 PM
#57
I wouldn't sell at 1000$

I am not here to day trade and all that stress, to get 1x more or 4x more here and there even if I could pick the tops an bottoms.

What  I am into is the orders of magnitude increase of BTC, 10, 100, 1000, 10,000 etc.

This really out weighs most benefit i could get by trading.....yeah sure I could buy and sell, but I going to miss the boat at some point is a sell, and then its going and order of magnitude on me, not comming back, and thats that.
member
Activity: 84
Merit: 10
April 23, 2013, 09:57:08 PM
#56
I sold at an average of 71.42....when I meant to buy.
Time to suck start a shot gun
donator
Activity: 784
Merit: 1000
April 23, 2013, 08:53:54 PM
#55
Won't sell it even at $200
donator
Activity: 980
Merit: 1000
April 23, 2013, 06:54:16 PM
#54
$142.5
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 19, 2013, 07:23:46 AM
#53
$110 being tested, not much support there but it's growing.

I don't think $100 needs to be worried that much - if it holds 3 figures today after having posted $135 I'll be happy.
sr. member
Activity: 406
Merit: 250
April 19, 2013, 07:00:24 AM
#52
My wallet is starting to grow nicely.  Grin
member
Activity: 84
Merit: 10
supernode
April 19, 2013, 06:58:31 AM
#51
I fucking bought in at $130. ;_;

You are horrible and have no clue... Stop trading now!

Bullshit, it's going up to $150+ by Tuesday.

It will be going 1000$ by end of year.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
April 19, 2013, 06:50:28 AM
#50
I fucking bought in at $130. ;_;

You are horrible and have no clue... Stop trading now!

Bullshit, it's going up to $150+ by Tuesday.
sr. member
Activity: 462
Merit: 250
April 19, 2013, 06:45:08 AM
#49
I fucking bought in at $130. ;_;

You are horrible and have no clue... Stop trading now!
sr. member
Activity: 411
Merit: 250
April 19, 2013, 06:35:05 AM
#48
bought in at 135.. Smiley
b!z
legendary
Activity: 1582
Merit: 1010
April 19, 2013, 06:28:40 AM
#47
I fucking bought in at $130. ;_;
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
April 19, 2013, 06:18:09 AM
#46
Guys what's with the constant emo bear pessimism?

Get a grip.

The market has survived a parabolic rise and subsequent correction. This gives every reason to be bullish.  $135 is a very fair price an I fully expect it to continue rising in the coming weeks and months.
donator
Activity: 980
Merit: 1000
April 19, 2013, 06:08:07 AM
#45
See you guys back in $250  Cheesy
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 05:36:51 AM
#44
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper.

Nikola thinks it'll go lower. I believe $110.25 was the bottom for today. One of us is right Smiley

Bitcoin's volatility has impressed me several times before, though. I went +50,000 USD in with speculative capital the day when it smashed from 90->50 about 84 hours ago.

No, I did not buy at 50, my average buy point was 86! That was my smartest guess, which was outsmarted by the herd that day.

Anyway, half of that position is still long (half sold after a day at 92) and I will sell it according to schedule for a profit.

If it goes below 90, I will buy back. I am short term bearish for anything above 130.

Yeah well I wasn't able to get any money into Gox until yesterday (missed the $50 buying opportunity).  I did get in at $90, sold on the second blip at $130.  I bought back in at $120 and I'm going to sleep.

People will neglect their health at the hopes of making easy money.  Money has no purpose when you're dead (other than to distribute your estate haha).
full member
Activity: 204
Merit: 100
April 19, 2013, 05:28:32 AM
#43
Indeed, going back down. Now the big question is where is the bottom ?
hero member
Activity: 898
Merit: 1000
April 19, 2013, 05:25:39 AM
#42
I sold at 130, with a limit to buy back at 110. Then I pussied out and bought back in at 125...
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